State Approvals definition

State Approvals means the approvals by (i) the State Public Authorities Control Board of the issuance of Authority Bonds, (ii) the Comptroller of the State of the terms of sale of School District Bonds, if required, and (iii) the Commissioner of Education of the State of the execution of this Financing Agreement.

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State Approvals has the meaning set forth in Section 3.4.

State Approvals means those Seller’s Required Regulatory Approvals and Purchaser’s Required Regulatory Approvals that are to be obtained from a Governmental Authority other than a U.S. Federal Governmental Authority.

Examples of State Approvals in a sentence

The obligation of the Authority to issue, deliver and sell the Authority Bonds and to make the Loan are conditioned upon the delivery of the opinions, certificates and documents required by this Section 3.6, in form and substance satisfactory to the Authority and the receipt of the State Approvals.
Any required State Approvals shall be an entirely separate matter to be considered by the relevant authorities in full compliance with applicable laws and regulations.
Parent further agrees that, subject to obtaining the consent of the Company as required by this Section 6.5(e), it will agree to, or accept, any additional or different agreements, commitments or conditions that do not, individually or in the aggregate, constitute a Burdensome Condition to obtain any governmental approvals necessary to promptly consummate the Merger, including any Parent Approval or the FERC Approval, the State Approvals and the FCC Approval.
The waiting period applicable to the consummation of the Merger under the HSR Act shall have expired or been earlier terminated; each of the FERC Approval, the Parent FERC Approval, the State Approvals and the FCC Approval shall have been obtained and be in effect, and any waiting period prescribed by Law with respect to such approvals before the Merger may be consummated shall have expired (the “Regulatory Approvals”).
Within ten (10) days of the entry of the ALC Consent Orders in Section IV.B, the State Approvals shall be issued in accordance with the terms contained herein.
The ALC Consent Order shall state that the State Approvals will be revised and modified pursuant to the terms of this Agreement.
It is understood and agreed that by entering into this Agreement the Corps does not waive any objection or defense to issuance or enforcement of the State Approvals, including any objection to or defense based on federal preemption, sovereign immunity, or immunity from state regulation.
Notwithstanding the foregoing, nothing in this Release is intended to impact or affect (1) the terms provided in the Termination provisions of this Agreement or (2) any right to enforce the State Approvals.
Within seven (7) days of full execution of this Agreement, the Parties consent to submit a proposed order in the consolidated cases dismissing such cases with prejudice based on entry of this Agreement and conditioning dismissal upon issuance of the State Approvals per this Agreement within ten (10) days of filing of such order (“ALC Consent Order”).
The waiting period applicable to the consummation of the Merger under the HSR Act has expired or has been terminated; each of the State Approvals, the FCC Approval and any other approval which Parent and the Company mutually agree is required in connection with the Merger, in each case, has been obtained at or prior to the Effective Time and such approvals have become Final Orders (the “Regulatory Approvals”).

More Definitions of State Approvals

State Approvals means the favorable consideration and approval as required by law for the purchase and sale of the Property on terms consistent with those set fo1ih in this Agreement by the Joint Legislative Commission on Governmental Operations, the Governor and Council of State.

State Approvals has the meaning set forth in Section 3.4. “State Commissions” has the meaning set forth in Section 3.4. “Subsidiary” has the meaning set forth in Section 3.1(c).

State Approvals has the meaning set forth in Section 6.2(a).

State Approvals has the meaning set forth in Section 7.3(e). "State Licenses" has the meaning set forth in Section 3.10(a). "State PUCs" has the meaning set forth in Section 3.10(a). "State PUC Applications" has the meaning set forth in Section 5.8(b). "Subsidiary" shall mean any subsidiary of the Purchaser. "Systems" has the meaning set forth in Section 3.18(g). "Tax" means all federal, state, local, and foreign taxes, and other assessments of a similar nature (whether imposed directly or through withholding), including any interest, additions to tax, or penalties applicable thereto. "Tax Returns" means all federal, state, local, and foreign tax returns, declarations, statements, reports, schedules, forms, and information returns and any amended Tax Returns relating to Taxes. "Technology" has the meaning set forth in Section 3.18(a)(iv). "Termination Fee" has the meaning set forth in Section 8.6. "Termination Fee Event" has the meaning set forth in Section 8.6(b)(ii). "$30 Warrant" has the meaning set forth in Section 1.5. "363 Hearing" has the meaning set forth in Section 5.5(c)(iii). "363 Order" means an order of the Bankruptcy Court, in form and substance reasonably satisfactory to the Purchaser and the Seller, approving the sale of the Business, including all Assets and the assignment of all Assumed Contracts and Assumed Leases except Excluded Contracts and other Excluded Assets, by Seller to Purchaser under this Agreement pursuant to sections 105 and 363 of the Bankruptcy Code, in each case free and clear of any Encumbrances except as specifically set forth in this Agreement as an Assumed Liability, and finding that Purchaser is a good faith purchaser including for purposes of Section 363(m) of the Bankruptcy Code, in substantially the form of Exhibit E. "365 Order" means an order or orders of the Bankruptcy Court (which may be included in the 363 Order), in form and substance reasonably satisfactory to the Purchaser and the Seller, approving the assumption and assignment of all Assumed Contracts and Assumed Leases by the Seller pursuant to section 365 of the Bankruptcy Code. The 365 Order shall provide that all defaults of Seller under the Assumed Contracts arising or accruing prior to the date of the 365 Order (without giving effect to any acceleration clauses or any default provisions in such contracts of a kind specified in section 365(b)(2) of the Bankruptcy Code) have been cured or will be promptly cured by Seller such that Purchaser shall have no liability or...